Mixed-Use Building with
1237 Broadway Columbus, GA 31901
For Sale
$1,700,000
COMMERCIAL - Columbus, GA
Property Size6,240 SF
Lot Size0.09 Acres
Price / SF$272.44
Days on Market91
Property Features for 1237 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CRD
Rooms
Basement
Basement
Finished, Full
Standard status
Active
APN
004 008 014
Size
6,240 SF
Lot size
0.09 Acres
Building Details
Year built
1900
Floors in Building
3
Number of units
1
Building materials
Brick
Listing Agency:
G2 Commercial Real Estate
(706) 660-5418
Listed By:
Amy Gill · License #381793
(706) 562-3616
Added: Apr 29
Changed: Jun 9
Last Checked: Jul 28 at 11:06PM
MLS# 231467
Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1237 Broadway is a mixed-use building offering approximately 6,240 square feet of versatile space across three levels. The main floor is currently configured for office use, with a functional layout designed to support a range of business needs. The basement level, most recently used for storage, provides additional usable square footage with the flexibility to be adapted for other purposes.
Located in the heart of Downtown Columbus, the property is positioned at 1237 Broadway in Columbus, Georgia 31901. The building’s zoning is listed as CRD.
The combination of an office level with an apartment on the top floor makes this property especially suitable for owner-occupants looking for a live/work arrangement, as well as investors seeking rental income from the residential component. The fully equipped apartment includes a kitchen and bathroom, while the basement offers room to increase functional capacity depending on the end user’s plans. With the building’s straightforward vertical layout and multiple levels already in place, this is a practical option for businesses that want to remain in-house while also having additional space for storage, conversion, or flexible use.
Located in the heart of Downtown Columbus, the property is positioned at 1237 Broadway in Columbus, Georgia 31901. The building’s zoning is listed as CRD.
The combination of an office level with an apartment on the top floor makes this property especially suitable for owner-occupants looking for a live/work arrangement, as well as investors seeking rental income from the residential component. The fully equipped apartment includes a kitchen and bathroom, while the basement offers room to increase functional capacity depending on the end user’s plans. With the building’s straightforward vertical layout and multiple levels already in place, this is a practical option for businesses that want to remain in-house while also having additional space for storage, conversion, or flexible use.
Key Highlights
- Prime Downtown Columbus location on Broadway
- Approximately 6,240 square feet of versatile space
- Top floor apartment with kitchen and bathroom for owner‑occupant or rental income
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.6k | $16.92 |
| − Vacancy | −$7.7k | −$1.24 |
| EGI | $97.9k | $15.68 |
| − OpEx | −$24.5k | −$3.92 |
| NOI | $73.4k | $11.76 |
6,240 SF · lease $16.92/SF/yr · vacancy 7.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.05M
$917.6K – $1.22M
NOI $73,405 @ 7.0% cap · market cap 4.32%
Second Best
Mixed Use
$1.02M
$892.2K – $1.19M
NOI $71,379 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,735 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-level commercial building with an office main floor and a fully equipped apartment above.
Where is this mixed-use property located?
The property is located at 1237 Broadway Columbus, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime Downtown Columbus location on Broadway; Approximately 6,240 square feet of versatile space; Top floor apartment with kitchen and bathroom for owner‑occupant or rental income
